The hustlers claim that job incentives are a sound investment of our tax dollars, because those new jobs create new taxpayers, meaning investments soon pay for themselves. Hmmm … not quite. In fact, not even close. Last year, a watchdog outfit called Good Jobs First tracked the 386 incentive deals since 1976 that gave at […]
Apple CEO Tim Cook announced this week that the company would repatriate $252 billion, give or take a few billion, then create some American jobs and invest in America – for a change. This is a result of the massive tax cut Congressional Republicans awarded corporations like Apple that were hoarding trillions in profits overseas. […]
Low-wage workers — many of whom are educated — stand to gain from the Department of Labor’s proposed new overtime rules. Even if workers may not work more hours, it’s likely the rule could lead to greater employment.
Washington (AFP) — LinkedIn has paid nearly $6 million in back wages and damages to 359 current and former employees after a U.S. investigation found it had failed to compensate them appropriately for overtime work. Under a settlement announced by the Labor Department on Monday, the career-focused social network said it paid more than $3.3 […]
The Republicans give lots of reasons for their opposition to the Affordable Care Act. Only two really matter. One is politics. The other is money. More precisely, big-business money. Like Social Security and Medicare, the expansion of health insurance coverage is making voters more predisposed to support the politicians that championed the law — and […]
When a company is not fighting against a union, why do that union’s efforts fail — and what does that say about the U.S. model for labor? Current management theory recognizes that businesses do better when employees are involved in decision making. But that trend ran smack into the paternalistic view that workers are replaceable […]
Republicans have seized on a few sentences in a new Congressional Budget Office report that says that while the labor force will continue to grow over the next decade, there will be a reduction in the hours worked because of Obamacare: The reduction in CBO’s projections of hours worked represents a decline in the number of […]